Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: kannikaamudee on January 23, 2020, 01:36:48 PM



Title: Fiat-Crypto Payments Network
Post by: kannikaamudee on January 23, 2020, 01:36:48 PM
The U.S. Patent and Trademark Office has granted digital payment processor Square a U.S patent for a cryptocurrency payment network that allows users of different asset types to transact with one another in real time. The new system converts payments made in fiat to non-fiat instruments and vice versa.

Read more at: https://coinspace.com/news/bitcoin-news/payment-processor-square-secures-patent-fiat-crypto-payments-network


Title: Re: Fiat-Crypto Payments Network
Post by: ansi on January 23, 2020, 11:00:18 PM
The app is great indeed:
https://play.google.com/store/apps/details?id=com.squareup&hl=en
Their website: https://squareup.com/help/global/en

The app already accept debit and credit card payments with the Square Reader for magstripe, and access your funds in only 1 - 2 business days. (which is more than great for Card payments).

Adding crypto to it's merchant & clients is more than great to make this app as one of the best crypto / fiat app now.


Title: Re: Fiat-Crypto Payments Network
Post by: Teraboy on January 23, 2020, 11:20:50 PM
The app is great indeed:
https://play.google.com/store/apps/details?id=com.squareup&hl=en
Their website: https://squareup.com/help/global/en

The app already accept debit and credit card payments with the Square Reader for magstripe, and access your funds in only 1 - 2 business days. (which is more than great for Card payments).

Adding crypto to it's merchant & clients is more than great to make this app as one of the best crypto / fiat app now.

Isn't it too long to access our funds that needs up to 1 - 2 business days? It looks like that this news different with it as it takes 10 minutes (maximum estimation) to create a single tx to the another user. CMIIW


Title: Re: Fiat-Crypto Payments Network
Post by: jossiel on January 23, 2020, 11:30:02 PM
Square is a popular app and it's one of the companies that supports crypto. Soon other payment methods like this will follow what Square is doing.

And the CEO of it is none other Jack Dorsey who claimed himself as a bitcoin supporter.